GENEVA CAPITAL GROUP

OVERVIEW

Founded by real estate industry veterans, Geneva leverages the synergy of four decades of experience in commercial real estate finance with our broad range of bank and private capital partners to offer our clients solutions for funding real estate transactions.

Geneva works with our borrowers to enable them to meet both their short and long-term financing goals. Geneva also understands lenders’ needs, and that understanding greatly increases our ability to negotiate successful loan transactions that benefit both borrowers and lenders.

Established Relationships

We work closely with a vast network of bank and private lenders and have the experience and expertise to structure desirable financing solutions for all parties in a transaction.

Access To Reliable Capital

We have access to dedicated capital looking to fund a construction loan, an acquisition, or the refinance of an existing project throughout the Midwest.

Expert Negotiators

We look for ways to help our borrowers accomplish their goals by negotiating favorable solutions through our funding programs.

HISTORY

Commitment, execution, and great relationships have been the foundational principles for Geneva since its founding in 1989 and still drive our business today. Geneva recognizes the need of small to mid-sized lending institutions to access meaningful, high quality commercial real estate financing opportunities.

Geneva works with our borrowers to enable them to meet both their short and long-term financial goals for their commercial real estate projects providing very attractive construction lending or term loan programs, permanent non-recourse fixed rate programs, as well as private money bridge loans or some combination tailored to fit our borrower’s needs. Geneva also understands lenders’ needs, and that understanding greatly increases our ability to negotiate successful loan transactions that benefit both borrowers and lenders.

COMMITMENT

Within the first year of starting Geneva, Universal Bank Corp (Bloomfield State Bank), a 133-year-old privately held bank in Indiana formed a relationship with Geneva which continues today. Since then, Geneva has established a syndication network of 100+ institutions and investors and has provided over $2.6 billion in financing for 700 commercial real estate projects across the U.S.

EXECUTION

Geneva’s ability to adapt has been central to its long-term success. Geneva has continuously built on its success and has long been an acknowledged leader in Midwest real estate finance. Our clients benefit from our expertise in all income producing real estate asset classes and our experience dealing with underwriting, due diligence, structuring, securitization, distribution, and credit.

RELATIONSHIPS

Geneva’s long-term relationships provide a broad and solid base of real estate financing resources, with a participation network of mid-size to regional banks and access to private sector capital. These resources form a sustainable and resilient funding base that has allowed Geneva to remain a consistent originator of commercial real estate loans throughout the Midwest.

REAL ESTATE FINANCE

Geneva has the relationships, access to capital, business sense and knowledge to structure real estate financing solutions that preserve the underlying value of properties and developments, even those that are distressed.

Geneva has a proven track record of performance. Since its founding in 1989, Geneva has provided more than $2.6 billion in financing for over 700 commercial real estate projects in the Midwest and across the United States.

We have crafted financing solutions for a variety of existing projects throughout the Midwest including healthcare, office, industrial, retail and residential developments, and we have also historically provided a significant amount of construction lending.

We understand the goals of real estate developers and investors and how to create consensus for real estate financing solutions that secure these goals while protecting the interests of existing lenders and other important stakeholders.

We are specialists: commercial real estate lending is the only type of finance that we do. We have made it our business to deeply understand the fundamentals of all major types of commercial real estate development – knowledge which provides our clients with unparalleled, unique competitive advantages when reviewing lending opportunities and structuring financing options.

Geneva understands that time is money. We are designed to be efficient and responsive to our clients’ requests and work hard to consistently meet their needs.

Products & Services

1. Bank Syndication Loan Program

All real estate types

Construction and term loans

Transaction size: $5M-$50M

Typical termsConstruction: up to 80% LTC, prime rate floating during construction, terms from 18-30 months, converting to 250-350 bps over 3-5 year treasuries for 3-5 year mini permsTerm: up to 80% LTC, 250-350 bps over the like term treasury for fixed rates up to 5 years, typically amortized over 25 years

Details

PRODUCT:

Commercial real estate construction and term loans provided direct by Geneva through our bank syndication program where Geneva originates, closes, and services.

2. Private Fund Construction Loan Program

All real estate types

Transaction size: $25M to over $100M

Typical terms: up to 80% LTC, rates of LIBOR plus 6.5% or higher, floating for terms of 24-36 months

PRODUCT:

Commercial real estate construction loans for larger transactions over $50 million where borrower needs a 75-80% advance. Geneva willl bring in one of our private funding partners to commit to the full funding along with our bank group funding part of the loan thereby giving the borrower one source for the entire debt stack.

3. Permanent (Long Term) Loan Program

CMBS: up to 75% LTV, 5-10 years, non-recourse, fixed rate, amortized over up to 30 years

Insurance company: up to 65% LTV at very competitive fixed rates for terms up to 15 years, amortized over 15-30 years

PRODUCT:

Long term non-recourse fixed rates for up to 10 years, amortized over 25 to 30 years – Transaction Size – $3 to $100 million or higher with cash out for stabilized commercial real estate properties.

SERVICES:Geneva is a direct originator, underwriter, syndicator, closer, and servicer of commercial real estate loans. Given this, Geneva understands all facets of the real estate lending business and has 29 years of experience.

GENEVA FUND

Target Raise: $50 million

Purpose: Build on Geneva Capital Group’s (“Geneva”) rich 29 year history of providing commercial real estate financing (“CRE”). This High Yield Senior Debt LLC (the “LLC”) will participate, typically at a 5% level or less, with community banks and other lenders in (1) senior construction loans and CRE refinancings and (2) first mortgage loans made to bridge and/or build out properties that may not meet the parameters of a typical bank loan. The loans will be underwritten, originated and serviced by Geneva on behalf of the LLC and the other participants. An affiliate of Geneva will serve as manager on behalf of the LLC.

Offering Period: Until the raise is completed but not later than December 31, 2019, unless extended.

Deployment Period: The LLC expects to invest all funds raised within 12 months after the funds are received.

Minimum Investment: $1,000,000. However, the Manager has the discretion to allow smaller investments.

Return to Investors: Investors are expected to receive a minimum annual return of 6% paid currently on a quarterly basis. Upon repayment of a given loan/participation, the Investors are ultimately expected to receive an overall return of 8-10% given the parameters of the individual loan/participation.

Loan Term: Individual loans/participations will have a term of 12-48 months depending on their type.

Liquidity: Investments in the LLC are expected to be illiquid during the five-year expected life of the LLC.

Initial Closing: The LLC business will commence upon raising $5 million.

TOWNHOMES | NEW CONSTRUCTION | THE MANSIONS OF PRAIRIE PLACE | $25,000,000

PEOPLE

Wayne Massey

PRESIDENT

Wayne Massey is the Founder of Geneva and has been working in the finance industry since 1974. Mr. Massey formed Geneva in 1989 after recognizing the need of small to mid-sized lending institutions to access meaningful, high quality commercial real estate financing opportunities. Under Mr. Massey’s leadership, Geneva has established a syndication network of 100+ institutions and investors and has provided over $2.6 billion in financing for 700+ commercial real estate projects across the United States.

Bob Williams

SENIOR VICE PRESIDENT & CHIEF FINANCIAL OFFICER

Bob Williams began working at Geneva in 2008. He has worked in and been a consultant to the commercial real estate industry since 1979. With Geneva, Bob manages all aspects of the loan portfolio including structuring and administration. He works with developers, contractors, brokers, and government authorities to successfully complete the various projects that Geneva is involved in. Bob also oversees all of the Geneva companies financial statements as well as all ongoing accounting.

Steve Beck

MANAGING DIRECTOR, INDIANA

Steve Beck has been with Geneva Capital Group for 11 years and has over 48 years of banking, real estate financing, and investment experience. Steve runs our Indiana office working with a variety of clients and industry professionals in formulating opportunities and assisting our customers in meeting their financing requirements.

Brent Connell

SENIOR MARKETING REPRESENTATIVE, CHICAGO

Brent Connell joined Geneva in 2018 having spent time in the community banking world as an SVP running their loan departments. Additionally, he founded a private advisory group with two others to provide strategic advisement to 50+ community banks across the U.S., and had a stint with private investment fund in NYC.